ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Bishwanath Goldar

Sources of India’s Post-reform Economic Growth

This paper analyses the sources of India’s economic growth in terms of industry origins, inputs, and productivity during 1994–2018, comparing the pre- and post-global financial crisis periods. Manufacturing was one of the main contributing sectors to aggregate growth of the total factor productivity and gross value added in the post-GFC period. The results stress the need for proactive policies to support agriculture, manufacturing, and market services sectors.

Impact of Tariff Reduction according to Doha Modalities on India's Trade of Agricultural Products

This article attempts to estimate how India's trade in agricultural products will be affected by tariff reductions according to the tiered formula of the 2008 draft modalities in the Doha round of the World Trade Organisation. The estimates indicate that the reductions in agricultural tariff rates will lead to an increase in India's imports of agricultural products by about 1% and an increase in its exports of agricultural products to the us and us markets by about 2% to 4%. India has probably more to gain from the implementation of tariff cuts according to the tiered formula than to lose from it. However, the overall effect of the tariff cuts on India's agricultural exports and domestic agricultural production would be small

Organised Manufacturing Employment: Continuing the Debate

In response to an earlier article ("Growth in Organised Manufacturing Employment in Recent Years", EPW, 12 February 2011), R Nagaraj has questioned two assertions ("Growth in Organised Manufacturing Employment: A Comment", EPW, 19 March 2011). He argues that the recent manufacturing employment boom could be merely a recovery of employment lost over the previous nine years, and that the correlation coeffi cient between employment elasticity and labour reforms index across states is not statistically signifi cant. A response to each of these contestations through additional empirical evidence.

Growth in Organised Manufacturing Employment in Recent Years

Employment in India's organised manufacturing sector has increased in recent years at the very rapid rate of 7.5% per annum between 2003-04 and 2008- 09. The impression of jobless industrial growth prevailing for some time is therefore not valid any more. What could possibly account for this high rate of job creation in organised manufacturing since 2003?

Trade Liberalisation and Labour Demand Elasticity in Indian Manufacturing

The hypothesis that trade liberalisation raises labour demand elasticity is tested for Indian industries, and inter-temporal changes in the elasticity during 1973-74 to 2003-04 are analysed. Econometric results indicate that trade liberalisation in India had a positive effect on the labour demand elasticity. However, the estimated elasticity for the post-reform period (1991 onwards) is found to be lower than that for the pre-reform period. A closer examination reveals a marked upward trend in the labour demand elasticity after the mid-1990s, which seems attributable, among other factors, to trade liberalisation, weakening of trade union bargaining power and labour market reforms.

Likely Impact of Reforming Water Supply and Sewerage Services in Delhi

This study was undertaken to gain an understanding of the baseline water supply and sewerage services in Delhi, and assess consumer coping strategies and associated costs, their preferences for service improvements, willingness to pay and affordability for the preferred options. For this purpose, a representative sample survey of around 8,000 households and about 2,000 non-domestic consumers was carried out. The survey results bring out the deficiencies in services, and the significant coping costs the consumers are bearing. The survey data reveals that the consumers are willing to pay - and can afford - the extra cost that service improvement will entail. The analysis of survey data indicates that, for poor households in informal settlements, substantial improvement in water supply can be made by introducing/implementing paid group connections. Significant social gains, which could be as high as Rs 5,500 to Rs 8,000 million per annum, are expected from the efficiency improvements in the present system and other reforms that could be undertaken by the Delhi Jal Board.

Contribution of Services to Output Growth and Productivity in Indian Manufacturing

As an input into the production process, services are playing an increasingly important role in manufacturing industries the world over. Yet, this has received very little attention in the empirical economic literature on producer behaviour and productivity. This paper estimates the contribution of services to output growth and productivity in Indian manufacturing using the capital-labour-energy-materials-services production function. Panel data estimations are undertaken for 148 three-digit level industries for 18 years, 1980-81 to 1997-98 and sources of growth are analysed. The results show that the contribution of services input to output and productivity growth in manufacturing (organised) has increased substantially in the 1990s. One of the major causes for this is found to be the trade reforms undertaken in the post-1990s period.